Pepsi might soon fall into third place in the sparkling beverage category behind Coke and Diet...

Pepsi might soon fall into third place in the sparkling beverage category behind Coke and Diet Coke, Credit Suisse analyst Carlos Laboy says, as he downgrades Pepsico (PEP-1.9%) to neutral from outperform. Coca-Cola (KO-0.6%), on the other hand, "should hit a premium valuation reserved for next frontier thinking organizations."